Allot Communications Target of Unusually Large Options Trading (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT) saw unusually large options trading activity on Wednesday. Investors purchased 3,130 call options on the stock. This is an increase of approximately 748% compared to the typical daily volume of 369 call options.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

Allot Communications Price Performance

Shares of Allot Communications stock traded up $0.14 during trading on Wednesday, hitting $4.89. 187,336 shares of the company were exchanged, compared to its average volume of 127,886. The stock has a market capitalization of $187.98 million, a price-to-earnings ratio of -7.31 and a beta of 1.09. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83. The firm has a 50 day moving average price of $3.71 and a 200 day moving average price of $3.11. Allot Communications has a fifty-two week low of $1.32 and a fifty-two week high of $5.00.

Allot Communications Company Profile

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.